DigiByte (DGBBTC) has been consolidating since May 2022... This is a long-time.
The longer the accumulation phase, the longer the breakout when it takes place.
With an average price of 44 to 48 satoshis, once this pair takes off it will go to 99 within days and even to 135 or beyond.
That is a huge 100% to 185% and this is very likely to happen in a matter of days.
Then consolidation can take place at higher prices and continued growth for years to come.
This might be hard to see now but when it happens people will be saying/thinking... "Why didn't I buy when it was so low?"
Just like bitcoin went from $16,500 to $21,000 in a matter of days.
These altcoins will grow 2-3x just to wake up from their lows... The end result when the bullish climax comes, we will be looking at 10x, 20x and in some cases even more.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.